Coeur d'Alene Mines Corporation Announces Redemption and Repurchase of Its 1.25% Convertible Senior Notes for Cash

Coeur d'Alene Mines Corporation

today announced that it is calling for redemption all of its outstanding 1.25% Convertible Senior Notes due 2024. As of December 9, 2010, there was $1,859,000 aggregate principal amount of Notes outstanding. Pursuant to the terms of the Indenture dated January 13, 2004 governing the Notes, the Notes will be redeemed on January 21, 2011 at a redemption price of 100% of the principal amount of the Notes to be redeemed, plus accrued but unpaid interest thereon, up to, but not including, the Redemption Date. Interest on the Notes called for redemption ceases to accrue on and after the Redemption Date.